WhiteWave Foods Co (WWAV.N)
NEW YORK Former Dean Foods Co Chairman Tom Davis on Tuesday told jurors in Manhattan federal court that he passed insider information to Las Vegas sports gambler William "Billy" Walters using a cell phone the two called the "bat phone."
NEW YORK, March 21 Former Dean Foods Co Chairman Tom Davis on Tuesday told jurors in Manhattan federal court that he passed insider information to Las Vegas sports gambler William "Billy" Walters using a cell phone the two called the "bat phone."
Reckitt Benckiser Group Plc is in advanced talks to buy Mead Johnson Nutrition Co in a $16.7 billion deal that would take the British consumer goods maker into the baby formula market and boost its business outside Europe. | Video
* Mead shares up 24 pct, Reckitt up 4 pct (Adds shareholder quote, context, Mead Johnson shares)
BRUSSELS The European Commission on Friday cleared France's Danone to proceed with its $10.4 billion purchase of U.S. organic food producer WhiteWave, subject to it selling a business in Belgium.
BRUSSELS, Nov 28 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
* About 78 percent of Whitewave's total outstanding shares, voted in favor of a proposal to approve merger agreement
The value of announced mergers and acquisitions (M&A) worldwide fell 27 percent year-on-year to $753 billion in the third quarter of 2016, as apprehension among corporate executives about overpaying prevented a repeat of last year's deal-making frenzy. | Video